£77,244
This estimated value is based upon the latest sale price for the house of £60,000 on 28 Apr 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £60,000 | 28 Apr 2017 |
| £89,950 | 21 Mar 2007 |
| Terraced |
| Freehold |
| Floor Area: 57 sq meters or 613 sq feet |
This model uses changes in the Official Land Registry House Price Index for TYNE AND WEAR to estimate the market value.
When this house was purchased in April 2017 the House Price Index for TYNE AND WEAR was 115.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 28.740%.Applying this 28.740% change to the original purchase price of £60,000 results in an estimated price of approximately £77,244.
| 28 Apr 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 148.0 | 28.740 % | £60,000 | £17,244 | £77,244 |
The Postcode Pricing Model uses changes in average sales price within the SR3 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 8.474 % | £5,084 | £65,084 |
| 3 Month Average | 22.571 % | £13,542 | £73,542 |
| 6 Month Average | 17.181 % | £10,308 | £70,308 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £46,344 | £46,000 | 56 BEDE HOUSE CASTLE GREEN |
| 15 Mar 2023 | £42,228 | £42,000 | 7 AYDON HOUSE |
| 14 Feb 2023 | £33,840 | £34,000 | 46 BEDE HOUSE CASTLE GREEN |
| 29 Sep 2022 | £88,919 | £90,000 | 62 ALNWICK ROAD |
| 15 Sep 2022 | £49,399 | £50,000 | 26 BOWES HOUSE CASTLE GREEN |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 7 Dec 2015. Using an estimated price of £77,244 means this house is valued at £1,355 per sq meter (£125 per sq foot).
The average size of a house on ABERDARE ROAD is 79 sq meters (853 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Aberdare Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Aberdare Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Aberdare Road |
| Jan 2024 | Other crime | Investigation complete; no suspect identified | On or near Aberdare Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Anglesey Road |